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Results of the Annual General Meeting

Date of publication: 16.05.2011

16 May 2011 – EVRAZ Group (LSE: EVR) ("EVRAZ" or the "Company") announces that at its Annual General Meeting held today in Luxembourg all the resolutions were passed. In particular, the shareholders approved the Directors' Report and the consolidated and stand-alone financial statements for the year ending December 31, 2010, determined the level of directors’ and CEO’s remuneration and re-appointed Ernst & Young as EVRAZ’s external auditor.

The following directors have been appointed to the Board:

  • Mr Alexander Abramov
  • Mr Otari Arshba
  • Mr Duncan Baxter
  • Mr Alexander Frolov
  • Mr Karl Gruber
  • Ms Olga Pokrovskaya
  • Mr Terry J. Robinson
  • Mr Eugene Shvidler
  • Mr Eugene Tenenbaum

Mr Duncan Baxter is a new member of the Board.

Mr Duncan Baxter [59] has 25 years’ experience of international banking. He began his career in banking with Barclays International Bank in Zimbabwe before joining RAL Merchant Bank in 1978. In 1985 he became a director of Commercial Bank (Jersey) Ltd, which was subsequently acquired by Swiss Bank Corporation (SBC). In 1988 he became managing director of SBC Jersey Branch. Since leaving SBC in 1998 after its merger with UBS AG, he has undertaken a number of consultancy projects for international banks and investment management companies. He is Non-Executive Chairman of Highland Gold Mining Limited. He also holds other non-executive-directorships. Mr Baxter is a Fellow of the Institute of Chartered Secretaries and Administrators, the Securities Institute, the Chartered Institute of Bankers, the Institute of Management and the Institute of Directors.

The full text of the resolutions will shortly be available on the Company's website http://www.evraz.com/investor/shareholder_services/agm

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For further information:

Media contact:
Oleg Kuzmin
VP, Corporate Communications
+7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com



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